National Student Financial Aid Scheme (NSFAS)
|Postal||Private Bag X1, Plumstead, 7801|
|Physical||2nd Floor, House Vincent, Wynberg Mews, 10 Brodie Road, Wynberg, Cape Town, 7700|
|Tel||021 763 3200 / 0860 067 327|
OverviewThe mission of the National Student Financial Aid Scheme (NSFAS) is to transform NSFAS into an efficient and effective provider of financial aid to students from poor and working class families in a sustainable manner that promotes access to, and success in, higher and further education and training, in pursuit of South Africa’s national and human resource development goals.
The mission statement is made up of three distinct elements which describe why NSFAS exists, what it does, and the impact on its constituency: NSFAS exists to provide financial aid to eligible students at public TVET colleges and public universities; NSFAS identifies eligible students, provides loans and bursaries, and collects student loans repayments to replenish the funds available for future generations of students; and NSFAS supports access to, and success in, higher education and training for students from poor and working class families who would otherwise not be able to afford to study.